Re: Coinbase may have lied about the number of bitcoins they store
My guess is that Coinbase does indeed own most of the Bitcoins in multi-sig addresses. I don't see why that couldn't be true. Multi-sig usage is very low.
Wrong: Kraken uses Multisig. Xapo uses Multisig. Bitgo uses multisig. Bitfinex uses multisig. OKCoin uses multisig. Huobi uses multisig...
Do you want to guess again?
Bitstamp uses multisig...
My guess is all of them are lying,
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The issue now is that, as we can see on p2sh.info (http://p2sh.info/dashboard/db/p2sh-statistics) at the time of this post only around 10% of all Bitcoins were held in p2sh addresses.
All of those exchanges combined have less than 12% of all bitcoins...
It's a conspiracy!
This is how Coinbase transmits their Ethereum
